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with middle-class americans whose taxes would rise at midnight, president obama announced a possible deal. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it's not done. >> reporter: sources say taxes would rise on income over four to five hundred,000, which the president sees as a big win for him. >> keep in mind just last month republicans in congress said they would never agree to raise tax rates on the wealthiest of americans. obviously the agreement currently being discussed would raise the rates and raise them permanently. >> in democrats are not applauding. they taye the president promised tax hikes bon 250,000. >> i think that's grossly unfair. >> reporter: senate republican lead egg mitch mcconnell made the tax deal with vice president joe biden. >> let's pass the tax relief portion now. >> reporter: a hang upis automatic defense and other spending cuts that kick in at midnight. democrats want a two-year postponementment. the cost covered by the new tax hikes. the president scoffed at republican demands for deeper spending cuts. >> shove o
obama and senior senate republicans confirm a deal is in the works to prevent tax hikes as midnight. even if the senate were to pass it, sources on capitol hill say the house will not vote on it tonight. as far as the deal goes, nbc news has learned that both sides agreed to keep taxes at their current level for individuals who make up to $400,000 a year, or house december holds up to $450,000. mitch mcconnell says both sides are very close to an overall deal. >> let's pass the tax relief portion now. >> keep in mind just last month republicans in congress said they would never agree to raise tax rates on the wealthiest of americans. obviously the agreement that's currently being discussed would raise those rates and raise them permanently. >> again even if the senate were to pass the deal tonight, the house does not plan to vote on it tonight, but that too could change. >>> does that technically mean we're going over the fiscal cliff? >> msnbc's luke russert is live to explain why some congressional aides are call it a fiscal slope and not necessarily a cliff. good evening, luke. >
continues on capitol hill this morning there is new hope for a deal to avoid that pass cal cliff. president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on monday. as you know, the senate keim back early from the christmas holiday yesterday. but they didn't seem able to compromise. they continued the bickering. the house wasn't even here. they're not even in play yet. they're not back until sunday. we need to see congressional leaders see some kind of a plan that can be voted on before that december 31st deadline. lawmakers say it's getting decreasingly unlikely that's going to happen. a deal before the new year, although they seem it's possible, many think a deal will
trying to hammer out a last-minute deal. in his weekly address, president obama pushed lawmakers to act. >> we cannot let washington politics get in the way of america's progress. >> reporter: mr. obama met with top party leaders friday, calling on them to either reach a compromise or allow a vote on his plan that would among other things raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> reporter: missouri senator roy blount delivered the republican response sharply criticizing the president's proposal. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one-third of the annual interest now owed on the massive $16 trillion debt. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing ta
come to a deal before december 31st. president obama met with house and senate leaders yesterday. lawmakers are hoping for a deal to help avoid tax increases for everyone as well as massive spending cuts in defense and other areas. if a deal can be reached, the senate would vote on it first and then it would head to the house. the latest the house would vote on a possible deal is january 2nd. the final full day before a new congress takes office. the house is set to return to work tomorrow night, however. speaker john boehner told fellow representatives there would be a session at 6:30 tomorrow night. he said he hopes to have a senate bill in his hand by then that they can vote on. and be sure to tune in tomorrow morning for "meet the press." david gregory will sit down with an exclusive interview with president obama. you can see "meet the press" here on nbc 4. the show starts at 10:30. >>> new this morning, many same-sex couples in the state of maine can now say they're married. that state began allowing same-sex marriages at 12:01 this morning. many places throughout the state
to hammer out a last-minute deal. president obama pushed lawmakers to act. >> we cannot let washington politics gets in the way of america's progress. >> and they called on them to reach a prau phaoeuz or allow a vote on his plan that would among other things raise taxes on those making $250,000. >> i believe it could pass both houses as long as these leaders allow it to come to a vote. >> roy blunt delivered the republican spaupbs. >> the president's proposal to raise taxes on the top 2% of the americans will not even pay the interest on the trillion-dollar debt. >> and there is a plan that could include extending unemployment insurance benefits, and allowing tax rates to increase on the wealthiest americans. but this issue remains a major sticking point with many republicans resisting any tax inkraes at all. the last-minute process calls into question washington's ability to look at all the issues. >> meanwhile, americans watched with worry and frustration. >> i think they are all failing us a great deal and i am sick and tired of them fighting. >> it's the equivalent of worrying abo
. that happened just before 2:00 this morning. >>> negotiations will resume today at the white house on a deal to keep the country from going over the so-called fiscal cliff. president obama will meet with congressional leaders this afternoon with just four days left to reach an agreement. with time running out, it appears a deal at this point would likely include an extension of tax cuts for the middle class and a cancellation of spending cuts. an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for possible furloughs if spending cuts that would be part of the fiscal cliff take effect. the office of personnel management issued new guidelines which state that employees will be gi
today to reach a deal to keep the country from plunging off the fiscal cliff. president obama hosting that meeting this afternoon at the white house. it will be the first time that he's met with congressional leaders since november 16th. they have just four days now to come to an agreement. democrats and republicans say that means a possible deal will likely extend tax cuts to middle class americans and postpone spending cuts scheduled to take effect. that means the contentious issue will likely be debated sometime in the future. >>> house lawmakers are preparing for an 11th hour deal. they're returning to washington for a rare sunday evening session. it's not clear what the house will do. house speaker john boehner still insists it's up to the senate to make the next move. >>> iran's state television is reporting the country's navy started training drills in the strait of hormuz. iran is reportedly warned other ships to stay away from the site until after the new year. the state tv report says it includes warships, submarines and jet fighters. other countries are worried these tests
republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the last day? if not, and we do go off the cliff, congress could be more likely to make a deal and quickly, because then lawmakers could claim they voted to cut middle class taxes. i'm steve handlesman, news4, capitol hill. >> if nothing else, it looks like there will be a deal to keep the price of milk from skyrocketing. leaders have agreed to a one-year ex-tense of the 2008 farm bill that expired in october. the deal will avert a spike in milk prices to as much as $8 a gallon. but it has to come to a vote in the house and sen
president obama and top congressional leaders met at the white house this afternoon to work on that deal. >>> there is outrage today over a new bill signed into law by russian president vladimir putin. it bans americans from adopting russian children. the law is considered retaliation for new u.s. legislation that put sanctions on russian human rights violators. >>> right now police have three people in custody after allegedly stealing a car, then crashing into a mel rho bus sgro loe 'get another check of the storm, and the weekend, bring out extra blank either. >> maybe an extra blank et or two that will be about it. i do think some of us maybe using our snow shovels a bit to the north and west, but most of the area we won't see a big storm. this is not a big one. >>> this includes washington, but all of southern maryland, you are south and east of i-95, mostly a rain event, not worried about snow accumulation for you. getting its act together now, but most areas will start as snow. i'll show you when in just a minute. >>> doug, thank you. a blustery morning in newtown, connecticut toda
. president obama met with the house and senate leaders yesterday. lawmakers are hoping for a deal to help avoid tax increases for everyone as well as massive spending cuts in defense and other areas. if a deal can be reached, the senate would vote on it first. then it would head to the house. the latest the house would vote on a possible deal is january 2nd. the final full day before a new congress takes office. >>> the house is set to reconvene tomorrow night. speaker john boehner told fellow representatives there will be session at 6:30 tomorrow night. he said he hopes to have a senate bill in his hand by then so they can vote on it. and be sure to tune in tomorrow morning for "meet the press." moderator david gregory has an exclusive interview with president obama. they'll discuss the impending cliff as well as other key issues facing the country. you can see "meet the press" here on nbc 4. that's tomorrow at 10:30. >>> and the time right now is 10:05. coming up, some ski slopes benefitting from this morning's winter weather. >>> plus, the new developments we could see today that could
are trying to get a deal done before the end of the year to avoid a fiscal cliff. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them just five days to get a deal done to avoid steep tax hikes and spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential econom disaster. >> my one bit of advice to speaker boehner is this. you can't pass a bill with just republicans. on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want, that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he'll get tax rate hikes. >> some lawmakers say that no deal will get done by the end of the year. >>> the second victim of a shooting in northeast washington has died. beasley was found shot in the early hours of saturday morning. harris was found lying in the road nearby and pronounced dead at the scene. police are
. >>> negotiations will resume today at the white house on a deal to keep the country from going over the fiscal cliff. president obama will meet with congressional leaders this afternoon with just four days left to reach an agreement. with time running out it appears a deal would likely include a extension of tax cuts for the middle class and a cancellation of scheduled spending cuts. an aide to senate majority leader mitch mcconnell said the republican senator is eager to hear from the president. >>> new year's is still a few days away but some lawmakers are telling republicans, not to drop the ball on the looming fiscal cliff. news4 tony is live on capitol hill where a maryland lawmaker joined the effort. tony, what's the word over there? >> reporter: we've been hearing about this closed-door session president obama is having with congressional lawmakers. but here on capitol hill, they're having a rally today and you can see behind me some folks with starting to gather and this will take place as 11:30. both sides coming together to call for some kind of agreement to have before these possibl
not yet been able to reach a deal to avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in california wrote a poem to express her feelings saying she understood how it could happen and it got her suspended from school. we'll get her reaction coming up >>> we'll also hear from the 29-year-old surfer that used his fists and his board to save his life when a shark kept coming at him again and again. >> scary story. >>> later on, we'll switch gears and look back at the year in pop culture, from the rise of honey boo boo to the unlikely bop lairity of that catchy tune, gang ham style. >> slightly popular, wasn't it? >>> we begin with the race in washington to fist fiscal cliff deadline including a preview of david gr david gregory's exclusive interview. we begin with kristen welker. >> the house is back in session and they could announce a deal as early as this afternoon. many saying this entire ep
. the way these deals have happened in the past, with previous presidents and previous speakers and previous leaders is a compromise is rewarded by the public. and right now, whether it's president obama, whether it was speaker boehner, the two of them couldn't find a way to get to a deal because they didn't want to look like they were ever caving. and when you get to a point where it looks like you're caving on something, then there is negative political effects. now, that's why they've brought in vice president biden, mitch mcconnell, the senate republican leader, to try to close this thing. and they may close a deal, but there's no guarantee that even any deal they come to an agreement with tonight will actually make it tomorrow. >> and chuck, this congress has, you were telling us, the lowest approval rating ever, the least productive. in terms of bills past. what happens when the next congress comes in later this week? >> reporter: well, the bad news is, if you view this as bad news, more of the same. because even if they get this temporary deal on taxes, temporarily buy down the automa
they feel for the first time a deal may not get done by the end of the year. congress is not expected to return to work until thursday. the same goes for president obama who will spend christmas in hawaii. that leaves them five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >> my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans on a broad thing like this, you need both. >> ronald reagan model is if you get 80% of what you want that's a good day. we have the same objective of lower taxes. i like simpson-bowles. put money on the debt. tax rate hikes are partisan solution driven by the president but he's going to get tax rate hikes. >> lawmakers say they are preparing to spend new year's eve on capitol hill. >> one of the survivors in the oregon mall shooting is speaking out for the first time. the 15 year old was shot december 11th. she was walking through the mall and says the gunman walked right past her
. >>> this is a crucial day in the effort to keep the country from going off the fiscal cliff. president obama meets with congressional leaders this afternoon. white house is denying reports to send a scaled back plan to congress. a deal at this point would probably extend bush era tax cuts for most americans and raise taxes on the country's top earners. it could also include an extension of long-term unemployment benefits, spending cuts would also be postponed. house speaker john boehner will be at the meeting today. the house will convene for a rare sunday evening session. house majority leader eric cantor says the house could be in session until january 2nd, the day before the new congress is sworn in. boehner, meanwhile, maintains that it's up to the senate to act first. >>> millions of americans may watch the ball drop new year's eve in times square, but a group of democrats is organizing its own ball drop on capitol hill. they'll launch their countdown today. their ball represents republicans dropping the ball on middle class families should lawmakers fail to reach a deal to avoid the fiscal c
as they try to get a deal done by the end of the year to avoid the fiscal cliff. congress is not expected to return to work until thursday. that's the same day president obama will return. he's spending christmas in hawaii with his family. that leaves them just five days to get a deal done to avoid steep tax hikes and big-time spending cuts. senators on both sides of the aisle say both parties need to compromise to avoid a potential economic disaster. >>> last-minute shoppers may not have been as merry this year as retailers had hoped. good morning. >> good morning to you. shoppers filled the malls and stores on the final weekend before christmas but many people may have not been filled with holiday spirit this year. research group npd says customer traffic was in line with last year but consumers are spending less. a combination of factors may be weighing on their minds including the tax impact of the fiscal cliff, aftereffects of sandy and shootings in connecticut. 'tis the season for giving but many charities aren't on the receiving end. the single biggest source of revenue for most ch
. meet the press, president obama blamed republicans. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way. the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> if a deal is not reached by midnight tonight, taxes go up for nine out of ten americans and 2 million people without jobs will not get unemployment insurance starting tomorrow. sharp cuts in defense spending and programs will kick in onnian 2nd. >>> even if lawmakers cannot strike a deal, there will not be panic in the dairy aisle. there is a deal in place to make sure that milk prices do not skyrocket. cnbc's hampton pearson is live with more. >> how are you doing, erika. picking up on what you were talking about, congress may be having trouble avoiding the fiscal cliff. but they might be able to skirt the dairy cliff. the u.s. farm bill could keep milk prices from surging next year. it would keep a subsidy from coming back to life when the current farm bill expires today. under a 1949 law, the usda wou
. >>> let's make a deal. president obama sitting down with top congressional leader from both parties in just hours. can they agree on something before sending the country over the fiscal cliff? >>> and holy cow. $8 for a gallon of milk? why that utterly ridiculous price could be a very real possibility today, friday, december 28th, 2012. >>> and good morning, everyone. welcome to "today" on a friday morning. i'm savannah guthrie. >> i'm willie geist in this morning. she is full of milk puns this morning. holy cow. utterly. >> what are you, lactose intolerant? >> the trifecta. >> we'll move on to the big story, which is the weather. we're bracing for another big storm before the last one is done. >> it's expected to bring a new round of travel headaches during a holiday travel weekend. how will it impact you in more on that ahead. >>> also, retired general norman schwarzkopf has died at the age of 78. he's being remembered as one of the greatest military figures in u.s. history. more on his remarkable life coming up. >>> also ahead, it happened again. a man shoved to his death in fron
:00, president obama just wrapped up a news conference in which he said he is modestly optimistic a deal can be reached to avoid the fiscal cliff. >>> doug is tracking the storm that could dump about 2 inches of snow this weekend. will your neighborhood get snow or rain? >>> a showdown. they're about to throw down at fedex field. we'll have the coverage. good evening. >> >>> our top story, the snowstorm that's expected to arrive overnight is going hey, look! a shooting star! make a wish! i wish we could lie here forever.
before the thing closed. and you could see obama's nine or 10 states, his numbers raised about a point and a half in his last five days. and i think that storm helped him a big deal. >> sandy is salls very, very important. -- is always very, very important. chris: better to be about fema than the i.r.s. if you're a democrat. than the i.r.s. if you're a democrat. who had the best year in 2012? there's a health company that can help you stay that way. what's healthier than that? chris: welcome back. our final awards category for the show, who besides the obamas obviously had the best year? our four choices. the brits. the queen celebrated 60 years on the throne. there's a future queen or king on the way next summer obviously. and the olympics were a smash. or was it the guys like david plouffe and nate silver who nailed this election result from way back? or was it the gay rights movement with four states effectively voting for same sex marriage? and polls showing big increase in public approval. in fact, same sex marriage is now a majority opinion in this country. or finally, the clinto
. david? >> thank you, chris, angie and richard. i sit down with president obama for his first appearance on the program in over three years underscoring the importance of the high-stakes showdown taking place in washington in the next few hours, will there be a deal on the fiscal cliff. plus, the other pressing top guns, benghazi, and what he hopes to finish in his second term. >>> in the week ahead, maryland same-sex couples can legally get married beginning on tuesday. maryland lawmakers approved the law. >>> driving the dulles toll road in virginia becomes more expensive starting tuesday, january 1st. the tolls go up to $1.25, and on and off-ramps will increase from 25 cents to $1. that means an extra $1 a tkaday >>> and then metro stopped selling the paper version of the fast pass in august, and starting on january 1st, only the electronic version of the fast pass will work. >>> let's take a live look now at fedex field. that is where the showdown is going to happen. it's a big day for the redskins. they are taking on the dallas cowboys for the east title, and winner gets a guarantee
days left now and still no deal. tonight, senators mitch mcconnell and harry reid are talking about a potential compromise to avoid the fiscal cliff. mcconnell believes there could be a tentative agreement by sunday. this progress comes after president obama met with congressional leaders at the white house today for about an hour. >> i'm modestly optimistic that an agreement can be achieved. nobody's going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> if there is no deal, taxes will go up next week for most americans. there will be sharp spending cuts and 2 million people will lose their extended unemployment benefits. >>> on "meet the press" this sunday, president obama will sit down for an exclusive interview with david gregory as the fiscal cliff deadline approaches. watch the interview this sunday morning at 10:30 here on nbc 4. >>> a huge turnout at the what's called the nation's gun show in shantilly, virginia, today. thous
blamed president obama for the stalemate. >> i agree that it is the president's responsibility to lay out a plan and to bring people together. but it's a total dereliction of duty and candidly, a lack of courage to deal with these issues. >> reporter: what's at stake for ordinary americans? with income and payroll tax cuts set to expire monday, taxes would go up for most everyone next week. $110 billion in spending cuts will kick in. and 2 million jobless americans will lose their unemployment benefits. like karen duckett of maryland who hasn't been able to find work since being laid off as a housekeeping manager at a retirement community last year. her unemployment benefits set to end tomorrow. >> this has been the toughest year, probably, in my entire life. >> reporter: duckett, a breast cancer survivor, worries how she'll care for her 14-year-old grandson and has a message for lawmakers. >> remember, these are people. it's not just numbers on a piece of paper. we are actually human beings, suffering out here. >> reporter: and over on capitol hill tonight, nbc's kelly o'donnell reports
doors to broker a deal with several options on the table. republicans reached out to vice president biden for help with negotiations. meantime, president obama sais he's still cautiously optimistic. nbc's danielle lee is live on capitol hill with the latest. good morning, danielle. >> richard, good morning. the senate will get back to work on this very issue at 11:00 a.m. today. twh they do, they will not have a lot of time to avoid the massive spending cuts and tax increases. democratic leader harry reid says they hope to have an announcement. but at this time, lawmakers say they are still looking at a significant divide, specifically on at what point, what salary should taxes increase. aides say lawmakers did make significant progress over the weekend, specifically on the issue of tax increases for the very wealthiest americans and avoiding the inheritance tax increase and republicans gave up on their demand for social security, cuts to social security to be a part of this deal. democrats have accused republicans of being too stubborn on the issue of tax increases. >> they say the
working on a last-ditch deal and the house comes back today for a rare sunday night session. yesterday afternoon, in an exclusive interview, president obama sat down with me in the blue room of the white house. to discuss the way forward and his priorities for a second term. >> mr. president, welcome back to "meet the press." >> great to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which
obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insistent park, asking reith who control the se
a lack of courage to deal with these issues. >> reporter: the uncertainty has started to affect the markets, and economists warn going over the cliff will impact a lot of americans quickly. now president obama has said that he is confident that his plan could make it through both chambers. but of course in the house, that will be a bigger challenge where he would need to get a substantial number of republicans to vote for it. the house and senate are expected to be back in session tomorrow. erica? >> all right. thanks. >>> so what exactly does going over the cliff mean for your wallet? jackie deangelis is here to break it down. good morning. >> good morning to you. >> as we heard, the impact could kick in quickly. what happened on tuesday -- what happens on tuesday if there's no deal? >> the fiscal cliff is basically a series of an expiration of tax cuts as well as some new taxes combined with spending cuts that if we don't reach by the end of the year, we're going to go over, okay? there's a few main points that are really important to look at. the ones that are going to impact
earlier this month. just released gallup poll, most admired woman. president obama is the most admired man. >>> congress will spend part of the new year in session, trying to come up with a deal that will prevent the nation from going over the fiscal cliff. >>> the american academy of pediatrics has released a new statement encouraging elementary schools to let kids have their play time. recess gives children the opportunity to develop skills that can't be taught in the classroom, that it should not serve as a substitute for phys. ed. class. fond farewell 75 watt incandescent light bulb. under law, they can no longer be produced or imported as of january 1st though retailers can clear their remaining stocks. government will turn out the lights on traditional 60 and 40-watt bulbs in 2014. >>> it's what everyone is talking about, i think. reality tv star kim kardashian and rapper kanye west are expecting their first child. west made the announcement last night at a concert in atlantic city. west is 35. kardashian is 32, she is in the process of divorcing kris humphries, whom she married in 2
Search Results 0 to 30 of about 31 (some duplicates have been removed)